Redfin Corp
DelistedCIK 1382821fmd_10P372XTBZD3TAVCC14JJGF4ZAFinance, Insurance and Real Estate · Real Estate Agents & Managers (For Others)Template: Real estate
Coverage: Jan 01, 2015 to Mar 31, 2025, 37 periods
| Line item | FY2015 | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenues | 187 | 267 | 370 | 487 | 780 | 886 | 1,059 | 1,100 | 977 | 1,043 |
| Cost of revenue | 138 | 184 | 258 | 367 | 636 | 654 | 665 | 790 | 647 | 679 |
| Gross profit | 49 | 83 | 112 | 119 | 144 | 232 | 393 | 309 | 330 | 364 |
| Depreciation and amortization | 4 | 6 | 7 | 8 | 9 | 15 | 47 | 65 | 63 | 43 |
| Research and development | 28 | 35 | 43 | 54 | 70 | 84 | 143 | 179 | 183 | 164 |
| Total operating expenses | 79 | 106 | 128 | 163 | 223 | 231 | 489 | 610 | 548 | 519 |
| Funds from operations (NAREIT definition, derived) | (26) | (16) | (8) | (34) | (72) | (4) | (63) | (256) | (67) | (122) |
| Operating income | (30) | (23) | (16) | (44) | (79) | 1 | (96) | (301) | (218) | (155) |
| Interest expense | – | 0 | 0 | 4 | 9 | 19 | 7 | 9 | 10 | 28 |
| Interest and investment income | 0 | 0 | 1 | 5 | 7 | 2 | 1 | 7 | 11 | 6 |
| Other non-operating income (expense) | 0 | 0 | 1 | 0 | 0 | (2) | 5 | (4) | (2) | (1) |
| Income tax expense | – | – | – | – | 0 | 0 | (6) | 0 | 1 | (1) |
| Net income from continuing operations | – | – | – | – | – | – | (91) | (250) | (126) | (165) |
| Net income | (30) | (23) | (15) | (42) | (81) | (19) | (110) | (321) | (130) | (165) |
| Net income to common shareholders | (132) | (78) | (191) | (42) | (81) | (23) | (117) | (323) | (131) | (166) |